Topic: [Ultracoin] [Est. Feb 2014] ~ ASIC Resistant & Ultrafast 6 Second Transactions! - page 85. (Read 381063 times)

Any plans to adjust the NFactor?

PressTab is on the job.

All is sorted - he has started work already today.


I have some other important engagements today - but will get back later with some more detail.

Cheers - usukan

UPDATE

PressTab has been paid 1.20279 BTC
https://blockchain.info/tx/1090dafd1a1daf4a2ccf42e94524de0b2839ec0556713d5670736da9c5257d2b
This is payment for Stage 1

From the UTC Dev Account
https://blockchain.info/address/1LpFmfieMBH63ivFA1Us5ju1jnH9CSccKZ

He has already started reviewing the code (Stage 2) since he decided that fixing up the code first was by far the best idea - rather than starting on the re-targeting fix (Stage 1) and applying it to the current messy UTC code.
He reports significant code that is a resource hog and fixing this will lead him more easily into the re-targeting fixes and associated code changes.
In UTC's case - this is a far more efficient approach to the work.
Essentially he will be working on both Stage 1 & Stage 2 next week.

There is a chance he will have both Stage 1 & Stage 2 finished by late next week (or shortly after) and he is happy that we pay him next week for Stage 2 - or sooner if we have the available funds - even though his terms are full payment upfront.

So by the end of next week we will likely be ready to consider a hardfork date.

At this point we can apply the liteStake code if we have available funds.


I have been truly impressed by the support and trust the Community has bestowed both me and UTC in this work.

All I can say is THANK YOU

We are now in the capable hands of PressTab - I believe this will turn out very good for UTC.



And if we hit any obstacles






Let the fun begin!


Cheers - usukan

Excellent - thank you Sir.

Things are really humming now.

Cheers - usukan

Count me in Usukan great Job! 0,312BTC will be transferred

Thanks everyone for your strong and prompt support on this project.

Current contributions are from the following:

wtfc360
PaulR1
Valpe
Roister01
usukan

The UTC Dev Fund holds 1.95319198 BTC
https://blockchain.info/address/1LpFmfieMBH63ivFA1Us5ju1jnH9CSccKZ


Just confirming final details now with PressTab on exactly how we want to proceed and payments.

I will hopefully report back later today - with payment details for Stage 1 (Diff re-target fix) and confirm that PressTab is "on the job".

Note we have 1.26 BTC approx to go - to raise the full funds for all 3 stages.

If anyone else in the Community wishes to support this work - we are very happy to hear from you now.

Any contributions large or small will be gratefully received and put to good use with PressTab.

We need to reach at least 2.4 BTC Total in a weeks time (an additional 0.45 approx.) to move on to Stage 2 (Tidy up the Ultracoin code).

GREAT WORK EVERYONE 


Cheers - usukan

Cheers Roister - all confirmed.

Hi Usukan...

My 0.312 should be on its way now...
Thanks again for all your hard work...

Cheers,
Roister...😃

Cheers - confirmed

great service you use there

Cheers - confirmed

Just send it !

Good on you Paul - 

Lets get this thing humming.

Many thanks - usukan



 

It will be an extra addittional donation dear Usukan 

@Valpe - thanks and noted via PM your contribution is sent and confirmed.

Your strong support for Ultracoin very much appreciated by all.

Have a great weekend.

Cheers - usukan

@wtfc360 - thanks and noted via PM your contribution is on its way.

Your continued strong support for Ultracoin very much appreciated by all.

Cheers - usukan

I have sent my contribution to the UTC Dev Fund account.

https://blockchain.info/address/1LpFmfieMBH63ivFA1Us5ju1jnH9CSccKZ

0.312 BTC

I encourage others who have already pledged - or those who have not indicated their support yet - to follow.

As you might have noticed - I like to keep moving forward.


Thanks - usukan

I am thinking that a better way to organise this work with PressTab may be to take it in stages so we can get him started - and we don't lose him to other jobs/clients.

My proposal is this:

We pay PressTab for the diff re-targetting work right now - and get him started.
It will take him approx a week to complete this work.
We would need to pay him 1.2 BTC
We have enough pledges to cover this now with a small excess.

Before he finishes this - we need to raise enough in the UTC Dev Fund to cover a further 1.2 BTC - so we can pay him to move on to fixing up the code.
This work will take a further week.

By 2 weeks - we need to target to complete our goal of raising a total of 3.12 BTC so he can finish off with the liteStake implementation.

Then we can advise miners/Bittrex/Alenevaa and general users, distribute the new wallet - and fork 2 weeks after that.

This way we follow our priorities:
First Priority – Retarget Fix
2nd Priority – Tidy Up Code
3rd Priority – liteStake

We get the wheels turning and ensure we don't lose PressTab to other clients

We stick to our available budget - and can fork after the first 2 stages (Re-target Fix and Tidy up Code) since the liteStake does not require a hardfork to implement.

Does that sound a reasonable proposition?

Cheers - usukan

Excellent - many thanks Valpe

Half way there...

Another five volunteers to help this coin regain the position it so deserves...come on folks, you kow it makes sense...

Cheers,

Roister

10% donation, also from me for this project.

Valpe

Great - thanks Paul

@PaulR1 - Can I just confirm if this 10% is to be taken from the UTC Dev fund which has 0.37 BTC from your previous donation - or is this a donation in addition to this? A new contribution.
https://blockchain.info/address/1LpFmfieMBH63ivFA1Us5ju1jnH9CSccKZ



Thanks everyone - we are about halfway there.

usukan
Roister01
wtfc360
PaulR1
(maybe balance from UTC Dev Fund)

Tot - BTC 1.618

We need approx another 5-6 contributors x 10% to get this project off the ground.

at present we are targeting Option 1

1 – Retarget fix, Tidy up code, add liteStake (TOTAL COST – approx. 3.12 BTC)

so a 10% contribution = 0.312 BTC

I don't want to leave PressTab waiting too long on this or he may move on to other work.

So please let me know ASAP if you are willing to contribute.



Cheers - usukan